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EDWARD MOYA
Oil prices gain ahead of Biden's visit to IsraelFears the Middle East conflict could widen drove big gains in both oil benchmarks last week. Global benchmark Brent gained 7.5% in its larg...- Oil set for another weekly gain on tight supply and China optimismSaudi Arabia, boosted by OPEC+ partner Russia, this month extended 1.3 million barrels per day (bpd) of combined cuts to the end of the yea...
- Oil edges up as China seeks to calm economic fearsPrices had fallen for the previous session on simmering worries over the impact on fuel demand from a deepening property crisis that is sti...
- Oil heads for weekly loss awaiting China recovery signsThe dollar has fallen because aggressive interest rate hikes by the U.S. Federal Reserve are no longer expected, whereas other major econom...
- Oil rises slightly; focus on China demand and U.S. outlookDemand for products has lifted the oil market and refining margins. The 3-2-1 crack spread, a proxy for refining margins, rose to $42.18 pe...
- Elon Musk's vow to hold on to Tesla stock fails to soothe investorsMusk has offloaded shares worth $40 billion in the world's most valuable carmaker since late last year, with $15 billion of that coming aft...
- Oil rises 2% on Russian supply worries; U.S. storm impact in focus"Crude prices are higher as energy traders focus on Moscow's response to the price cap put on Russian oil and not so much the thousands of ...
- Oil climbs on expected drop in Russian exports, offsets U.S. storm impactRussia's Baltic oil exports could fall by 20% in December from the previous month after the European Union and G7 nations imposed sanctions...
- Oil extends losses on recession fearsOil fundamentals are still mostly bearish as China's demand outlook remains a big question mark and as the inflation fighting Fed seems poi...
- What will D-St investors look for in Fed Chair's Jackson Hole speech on Friday?It is hard to be aggressive with any positioning until we hear from Powell on Friday. A slower global growth environment is not going away ...
- Bitcoin falls below $30,000, lowest since July 2021Bitcoin's value has more than halved since a November surge that saw the token hit a record of nearly $69,000.
- Oil prices rebound from sharp drop on China demand concernsIn China lockdowns to counter COVID in Shanghai have dragged into their fourth week. Meanwhile orders for mass testing, including in Beijin...
- Oil steadies as Russia-Ukraine tensions coolOil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukr...
- Bitcoin falls 4% to near $35,000 markBitcoin, the world's biggest and best-known cryptocurrency, is now about half its $69,000 peak in November. It was last at $35,049, after f...
- Oil struggles to hold gains amid mixed demand viewOil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the h...
- Oil bulls take charge as demand outlook improves, Brent up a fifth dayBrent crude was up 69 cents, or 0.9%, at $74.68 a barrel by 0200 GMT, having risen 1.6% on Tuesday.
- Dollar gains as US Treasury yields climb; bitcoin touches new recordUS retail sales and producer prices data blew past analyst estimates, signaling a stronger-than-expected economic recovery from the pandemi...
- Oil prices fall as surging virus cases force more lockdownsBrent crude oil futures were down 16 cents, or 0.3%, at $49.09 a barrel by 0117 GMT, while West Texas Intermediate oil futures fell 19 cent...
- Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks"Oil prices are rising as the crude demand outlook improves," said Edward Moya, senior market analyst at OANDA.
- Oil rockets nearly 20% as investors hail coronavirus stimulus spending - for nowBrent crude was up $2.10, or 8 per cent, at $26.98 a barrel by 0028 GMT after tumbling 13 per cent on Wednesday in a third day of relentles...
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